The Lofts
1011 S Laventure Rd,
Mount Vernon, WA 98274
Studio - 1 Bed | $1,495 - $1,895
Rental Market Trends in Mount Vernon, WA
What is the average rent in Mount Vernon, WA?
$1,310/month
Average Rent
523 Sq Ft
Average Apartment Size
+0.2%
Increase in the Last Year
As of July 2025, the average rent in Mount Vernon, WA is $1,310 per month. This is 20% lower than the national average rent of $1,637/month, making renting in Mount Vernon more affordable than most cities in the US. When you rent an apartment in Mount Vernon, you can expect to pay about $1,098 per month for a studio, $1,310 for a one-bedroom apartment, and around $1,490 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,849 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Mount Vernon, WA?
In the past year, rent has increased by 0.2%, which averages out to $3 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024
2025
Rent Ranges in Mount Vernon, WA
Last Updated July 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
14%
Below $700/month
36%
$700 - $1,000/month
21%
$1,001 - $1,500/month
21%
$1,501 - $2,000/month
7%
Above $2,000/month
What salary do I need to live comfortably in Mount Vernon, WA?
Because the average rent in Mount Vernon is $1,310, you’ll want to make about $4,366 per month or $52,392 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Mount Vernon, WA is 17.7% higher than the national average. Generally, housing in Mount Vernon is 39.4% more expensive than the national average, with rent falling between $1,098 - $1,849. You can expect to pay 6.9% more for groceries, 3.2% less for utilities, and 16.1% more for transportation.
How does Mount Vernon, WA compare to other nearby cities and neighborhoods?
Use the tool below to compare Mount Vernon, WA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Nearby City Rent Trends
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.
* Percentages may not total 100 due to rounding.